Twin Disc, Inc. Declares Regular Quarterly Cash Dividend

Twin Disc, Inc. (NASDAQ: TWIN), announced today that the Board of Directors declared a regular quarterly cash dividend of $0.09 per share payable on March 1, 2013, to shareholders of record on February 8, 2013.

Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered include: marine transmissions, surface drivers, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and control systems. The Company sells its products to customers primarily in the pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets. The Company’s worldwide sales to both domestic and foreign customers are transacted through a direct sales force and a distributor network.

Looking at the universe of stocks we cover at Dividend Channel, on 2/11/15, Twin Disc Incorporated will trade ex-dividend, for its quarterly dividend of $0.09, payable on 3/2/15. As a percentage of TWIN's recent stock price of $19.63, this dividend works out to approximately 0.46%.